Wednesday, February 23, 2011

Provincial Government saying no to Hydro rate hike

The McGuinty Government isn't allowing Hydro companies to pass off court fees and fines to consumers. MPP Bill Mauro says the court made a decision to fine companies for over charging interest on late payments and the Ontario Energy Board allowing a rate increase to cover those costs is a mistake. Mauro says the Energy Minister has told electricity companies to find the costs within.